Members of Other Actuarial Organizations

The CAS recognizes the exam waivers granted by the Canadian Institute of Actuaries University Accreditation Program for CAS Exams 1, 2 and 3F, and under previous education structures for CAS Exam 4 (see below). The CAS will only grant waivers for CIA UAP exam credits that were awarded based on work at universities in Canada. The list of candidates granted waivers by the CIA is provided to the CAS following the end of a semester. The CAS automatically updates its records. No further action is required of candidates.

Note:

● For Exam 1, starting with courses given in summer of 2019, the CIA UAP will recognize courses completed with a minimum grade requirement at many of the 11 accredited universities in Canada.

● Under previous education structures, the CAS recognized the exam waivers for CAS Exams 3L and LC.

● If a candidate has been granted a waiver for CAS Exam 4 under the University Accreditation Program through course work completed by 12/31/2018, then they will receive credit for CAS Exam 4 and subsequently CAS Exam MAS-II.

Canadian candidates who have successfully completed the CIA's Professionalism Workshop (PW) AND Practice Education Course (PEC) between 2019 and March 2024 meet the requirements for the CAS Course on Professionalism (COP). Completion of both courses is required.

The CIA introduced a new enhanced Professionalism Workshop (PW) offered after April 1, 2024. The CAS will accept completion of this new course alone as meeting the requirements for the CAS Course on Professionalism for candidates pursuing an ACIA or FCIA designation.

Starting in 2025, candidates who have completed the ACIA requirements for Pathway 1- including a qualifying university degree and the Capstone exam with the Short-Term section-are eligible for waivers for CAS Exam 1, Exam 2, MAS I, and MAS II. Please note, the ACIA modules 1 and 2 are not required for this waiver since candidates must still complete the CAS DISCs to achieve their ACAS.

The CAS grants examination waivers to candidates who have passed designated CAA examinations. Two sets of equivalencies apply, depending on the CAA syllabus under which the examinations were taken. 

Current CAA syllabus

Effective August 1, 2026, candidates who have passed the following CAA examinations are eligible for the corresponding CAS credit. These equivalencies apply to waiver applications received on or after August 1, 2026, including applications from candidates who passed the relevant CAA examinations earlier.

CAA examinations administered prior to 2021

The CAS continues to recognize qualifying CAA preliminary examinations administered prior to 2021. Because these examinations are no longer offered, this table applies only to examinations a candidate has already passed. There is no closing date for applications based on this historical credit.

Conditions

• A candidate must satisfy a particular CAS waiver entirely under one CAA syllabus. Credits from the pre-2021 and current CAA syllabi may not be combined to satisfy the same CAS requirement.
• If a candidate qualifies for the same CAS waiver under both tables, the waiver is granted once.
• Credit is granted only for CAA examinations passed through the CAA normal examination process. Credit is not granted for CAA examinations waived on the basis of academic records at a university in the United States.
• Credit is not granted to CAA Fellows who attained their designation through mutual recognition rather than through the CAA standard credentialing process. These candidates should seek waivers based on the original credential through which they qualified.
• Waivers already granted under the previous cohort policy remain valid.
• The CAS and CAA review examination syllabi periodically. Changes to the current-syllabus equivalencies will be published with at least six months notice.

How to apply

Open a case in the CAS Portal and provide documentation showing the qualifying CAA examinations you passed. Use case type “Exam Credit: Missing Exam Credit or Waiver Request.”

The CAS recognizes some of the examinations sponsored by the Institute and Faculty of Actuaries (United Kingdom), Actuaries Institute (Australia), Actuarial Society of South Africa (ASSA), and the Institute of Actuaries of India. Credit will be granted for examinations passed or waived in accordance with examination equivalencies between the CAS syllabus and the syllabi of each of the aforementioned actuarial organizations.

The CAS will not grant credit for examinations waived on account of academic records achieved in U.S. universities, nor for credit granted to candidates not qualifying directly in obtaining membership through the normal qualification/examination process.

Credit will not be given to Fellows of these actuarial organizations who have attained their designation through mutual recognition rather than through the organization’s standard credentialing process. Fellows by mutual recognition should pursue examination waivers based on their original credentials.

The CAS has approved the following waiver policy:

Candidates who earned CT8 or CM1 from the Institute and Faculty of Actuaries (U.K.), Actuaries Institute (Australia), and Institute of Actuaries of India or who eared A205 or A214 from the Actuarial Society of South Africa prior to 2023 can receive credit for Exam 3F and do not need to take DISC DA.